Markets began 2016 in a sour mood, and this resulted in a “risk off” sentiment”. US Crude Oil Inventories, Australian Employment data, UK rate decision, US Retail sales, Producer prices and Consumer sentiment stand out. These are the highlights of this week. Join us as we explore these forex market-movers.
The U.S. Non-Farm Payrolls report showed a remarkable job creation of 292,000 during December closing out 2015 with a bang. The only disappointment was in wages, which actually fell slightly, but if job growth continues, wage gain should accelerate according to analysts. This did little to cheer investors, as worries about China, crashing oil prices and various geopolitical fears all triggered worries. This benefits the euro and the yen against the dollar while hurting all the rest. Will this continue? Let’s start:
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Markets began 2016 in a sour mood, and this resulted in a “risk off” sentiment”. US Crude Oil Inventories, Australian Employment data, ...
FxGrow Daily Technical Analysis – 08th Jan, 2015 By FxGrow Research & Analysis Team AUDCAD - support at 0.9870 paused correction Previous analysis was extremely precise. I ...
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CADJPY, Daily CADJPY has been falling over the last three days as there haven’t been bidders for the crude oil while problems with ...
A spike in risk aversion greeted investors at the start of 2016 with the ‘usual suspects’ – fears about China and geopolitical risks – ...
Polish Zloty (EUR/PLN) – How high it can go?China. That one word is on the main topic among global traders. Dramatic declines of ...
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a ...
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a ...
$EURUSDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.0903. We completed and abc correction and if dollar weakness holds we are looking for a ...
EUR/USD Current Price: 1.0918 View Live Chart for the EUR/USD The common currency refused to give up against the greenback on Friday, despite December's ...
Hopes were high heading into today’s US jobs report, and at least on a headline basis, the report did not disappoint. Traders were ...